Engineering Board Exam Reviewer · Engineering Management · hard
A shop produces 1000 units worth ₱50 each using 40 labor-hours at ₱150/hr, materials costing ₱8000 and overhead of ₱12,000. What is the multifactor productivity?
- 25.000 pesos output per peso input
- 2.500 pesos output per peso input
- 0.520 pesos output per peso input
- 1.923 pesos output per peso input
Answer
D. 1.923 pesos output per peso input
Solution
Output = ₱50,000. Input = 40(150) + 8000 + 12,000 = ₱26,000. MFP = 50,000/26,000 = 1.923.
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